Stara Planina Hold announces current financial results (on consolidated basis) and the financial results of the most significant enterprises in Holding’s portfolio on June 2020 and projected sales for July 2020. Letter.
Consolidated sales for the first half of 2020 show a decrease of 16.12% compared to sales from the beginning of 2019.
We anticipate that the decline in sales will continue and for the first seven months of 2020 they will be 16.24% lower compared to the same period in 2019.
More information on the expected results in the first half of the year and forecasts for the second half of 2020 will be published next week in the interim report.